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$ 688,000
Est. payment | /mo
5,688 SqFt
$ 688,000
Est. payment | /mo
5,688 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5688
Square Footage 5,688 sqft
Price per Sqft $120
Subdivision Waterfront Communities C1
MLS® Listing ID C12858558
Property Description
Here is the text transcribed from the image:A high-performing Japanese Izakaya that consistently draws a young, trendy crowd and delivers strong volume, with approximately $1.5M in gross sales over the last 12 months. Estimated costs are highly workable at roughly ~30% payroll and ~30% food cost, leaving plenty of room to keep maximizing profit with the current concept, or swap cuisines easily in a space built for throughput.The restaurant offers approximately 5,688 sq ft with a large ~1,200 sq ft kitchen, featuring a 16-ft commercial hood, plus a 10' x 10' walk-in cooler and 10' x 10' freezer (both only 2 years old). Seating is 98 chairs, and the LLBO is approved for 180 seats including patio, incredible for high-volume dine-in, events and late-night service. The lease provides long-term stability with 8 years remaining + option, and rent is $21k/month inclusive of TMI. This is a turnkey, revenue-proven spot with the size, licensing, and equipment to scale. Don't miss this opportunity. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by RIGHT AT HOME REALTY
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